Archive | Business Forecasting

This article throws light upon the top eight advantages of business forecasting. The advantages are: 1.  Establishing a New Business 2. Formulating Plans 3. Estimating Financial Needs 4. Facilitating Managerial Decisions 5. Quality of Management 6. Encourages Co-operation and co-ordination 7. Better Utilisation of Resources 8. Success in Business. Business Forecasting: Advantage # 1. Establishing a New Business: While setting [...]